Under $10 NIO Stock Surges With New Capital - Should You Buy? [Yahoo! Finance]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am
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Source: Yahoo! Finance
Persistent rise in selling and advertising expenses, and increasing operational costs weighed on electric vehicle (EV) manufacturer NIO Inc. NIO throughout the year. However, things are now looking brighter for the NIO stock amid increased investments, Chinese stimuli, and growing demand for its newest models. So, is this an apt moment for investors to buy the NIO stock below $10? Let's explore – NIO Stock Bounces Back For most of the year, the NIO stock has given its investors fewer reasons to rejoice as its shares are down 26.3% year to date. However, things began to turn around for the EV maker in the last month, with the NIO stock outperforming the Automotive - Foreign industry (+65.3% vs +0.9%). Image Source: Zacks Investment Research The NIO stock is up 25.6% in the past five sessions and recently broke above the 200-day moving average (DMA), signifying a bullish trend. So, what's behind the current uptrend? Image Source: Zacks Investment Research NIO Gets New Inv
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News
- Should You Buy, Sell or Hold NIO Stock Post Mixed Q3 Results? [Yahoo! Finance]Yahoo! Finance
- NIO Inc (NIO) Q3 2024 Earnings Call Highlights: Record Deliveries Amidst Revenue Challenges [Yahoo! Finance]Yahoo! Finance
- Nio Inc - (NYSE: NIO) was downgraded by analysts at Macquarie from an "outperform" rating to a "neutral" rating. They now have a $4.80 price target on the stock, down previously from $6.60.MarketBeat
- Nio (NIO) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- NIO Inc. (NIO) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
NIO
Earnings
- 11/20/24 - Beat
NIO
Sec Filings
- 11/20/24 - Form 6-K
- 11/7/24 - Form 6-K
- 11/1/24 - Form 6-K
- NIO's page on the SEC website